San Diego Solar Power Financing

San Diego currently has more solar power rooftops than any other city in California. Solar power systems offer a hedge against ever-increasing electriicty costs and a financed solar power system is less expensive than the utility.

If you are considering installing a solar power system anywhere in southern California, the well-qualified professionals at Sullivan Solar Power are here to help you from concept to completion. In addition to designing, installing and maintaining a state-of-the-art solar energy system for each of our clients, we also provide support for our clients’ financing needs to ensure they receive all of the financial incentives they are entitled to. As a solar power industry leader, Sullivan Solar Power is dedicated to making San Diego and the greater region of southern California a greener community.

Financing Methods

HELOC- Home equity lines of credit offer the lowest rates. The finance payment is more often than not lower than the electric bill that the solar power system eliminated

Refinanced First Mortgages- Think of it like this, your builder failed to provide a means for you to generate electricity when your home was built. As a result you have been renting power from SDG&E for years. Roll the cost of your solar power system into your mortgage. It will cost less than your electric bill.

Second Mortgages- Not as cost effective as the previous two options but still better than the utility.

Power Purchase Agreement with Sunpower- Sullivan Solar Power offers Sunpower, a full service solar offering in which you will simply purchase the energy produced from a solar power system that we install on your home. The system is owned, maintained and monitored by Sunpower. You simply buy the energy from the system at a rate that is lower than your utility. Going solar with Sunpower is identical to what you are doing now with the utility except you

1) Pay less for the same amount of energy

2) Use clean renewable energy

3) Create a sustainable future without spending a dime

Sunpower is a great solution for homeowners who have good credit but no equity or homeowners who have no need for a tax credit. You are guaranteed approval if you have a clean credit history and FICO score greater than 700.

A properly financed solar PV system is a no brainer. You save money from day one and the savings continue to grow year after year. 

Designing the Right System for You

Given both the financial and social benefits associated with solar power systems, it is no surprise that installations of these systems increased more than 110 percent last year, according to the DOE. To learn more about our solar energy systems and how you can benefit from an installation, contact us today. We will develop a customized solar energy system that fits your residential or commercial needs by thoroughly assessing your property and budget, among other needs.